On 27 November 2014, an Independent Regulatory Commission determined the charges against Hereford United and Mr Alan McCarthy in relation to failures to comply with Regulations 3.1.1 and 3.1.3 respectively of the Owners’ & Directors’ Test Regulations.
The Club accepted the charge. Mr McCarthy failed to respond to his charge.
The Independent Regulatory Commission found the charges proven and fined both the Club and Mr McCarthy £500.
The Independent Regulatory Commission also ordered that the Club and Mr McCarthy fully and correctly comply with their obligations under the Owners’ and Directors’ Test Regulations by 4pm on Thursday 4 December 2014.
Failure to comply by that deadline shall result in the Club’s and Mr McCarthy’s automatic and immediate suspension from all football and football activities until such time as the Club and Mr McCarthy have either complied with the requirements of the Owners’ and Directors’ Test Regulations or Mr McCarthy has divested his shareholding in Hereford United such that he is no longer an Officer of the Club.
